Politics and Religion

Had to do a little historical refresher on the FDR Gold
GaGambler 3007 reads
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1 / 3

Are you out there spending your ill gotten wealth?

I guess we both had a good day.

I don't really like to profit off of other people's suffering, but it beats suffering with them.

BizzaroSuperdude 30 Reviews 1842 reads
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Just think, just like 1933.... you too can have one of your possessions confiscated by the government....  now let me see.... was that done by a Republican... or a Dem.... hummm.... one wonders... hummm...... obama.... hummmm.....

St. Croix 1217 reads
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3 / 3

Confiscation Order of April 1933. I assume Breaker just bought a gold ETF like GLD. Hard to reinstate something like what FDR did considering the average gold investor doesn't actually take possession of gold. But since we are going through a little nationalization phase (AIG, and the DEMS mandate to take equity in companies in return for $700B bailout), I wouldn't be surprised if the govt went after Freeport McMoRan, Newmont Mining, Barrick Gold, or other basic material companies.

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